Do You Own Sin Stocks?

Writing about financial is challenging…

On the one hand, investors should seek out unbiased financial information… information that does not profit from whether or not you invest in the stock, and information that does not influence stock prices in any way.

On the other hand, investors probably want the assurance that someone talking about the stock (or category of stocks) at least puts their money where their mouth is. It’s nice to get information from someone who has skin in the game, so to speak.

However, to help protect investors from falling prey to scams, there are laws about financial journalists and what they can buy or sell, when, and how to disclose that information to readers like you.

To keep it simple, we at Sin Stocks Report have an even stricter rule: we do not invest in sin stocks.

Although we love sin stocks and *would* invest in them, we choose not to do so to erase any appearance of apparent influence. That way, our blog content, book, and other resources can remain evergreen without investors fearing that we are somehow driving the stock price in a direction that would benefit us.

In the past, prior to starting Sin Stocks Report, we have invested in sin stocks and/or funds that contained sin stocks. And, when if we decide to shut Sin Stocks Report, would invest in sin stocks again. But as long as Sin Stocks Report is operating, we will not do so — to more than comply with the law and to assure readers that our information is unbiased and in no way has an alternate purpose to influence stock prices.

And it should also be noted that we accept contributions from other (external) writers here and those writers are expected to comply with ownership and disclosure laws… however, it is impossible for us to ensure that our external writers are actually complying. Therefore, we urge you to always read all information here with that in mind.

That said, we’ve been known to enjoy the products and services of sin stocks from time to time, particularly alcohol sin stocks! So in that small way, we are investors by heartily supporting the industry!

DISCLAIMER

Nothing on this site is a recommendation because, hey, I can't read your mind and I don't know what you have in your portfolio, and I'm not a licensed financial advisor. So never EVER trade without doing your due diligence. If you want more information about this fascinating topic, please check out the Sin Stocks Disclaimer page which basically says the same thing but more emphatically.